Should you get you some PROPS Tokens?

PROPS ICO will kickstart a vibrant community of passionate users within the PROPS Ecosystem, which is a network of digital media applications and platforms that fairly and transparently reward contributors: users, content creators, developers and others.

PROPS token’s first adopter will be Rize, an open video platform that connects groundbreaking many-to-many video technology with tokenized virtual gameplay and aligned economic incentives for its participants.

Problems being solved:

1. A few platforms dominate social, and control digital media distribution. Their strength depends on millions of users creating and sharing content, but only a small fraction of the hundreds of billions in enterprise value that they have amassed flows back to the people that create value for these networks, namely the content creators, curators, publishers and developers building on top of them.

2. Developers wishing to create new experiences and digital media distribution channels face an uphill battle against overwhelming network effects, economies of scale and restricted growth channels of large monopolistic media networks.

3. Video applications have to choose between the tradeoffs presented by the current live video approaches: live streaming(You Now, Twitch, Periscope, and Facebook Live), with wide scale and low interactivity, or group video conferencing(Skype, Google Hangouts, ooVoo, and Zoom) with possibilities for interactivity but limited scale.

Solutions.

1. PROP tokens can enable network contributors to programmatically receive an equitable, proportionate share of the value created by the network they comprise.

2. The PROPS Ecosystem allows developers to customize use cases both as Rize Spaces experiences (Developer Extensions) and new applications within the PROPS Ecosystem. Developer Extensions provide a rapid deployment infrastructure, while minimizing development costs of bringing to the ecosystem an ever evolving set of experiences. It gives developers immediate access to a user base, with all the complexities of infrastructure, payments, token earnings and community trust and safety management taken care of.

3. Rize uses a network of low latency group video style media servers that can relay streams to each other to create widely available many-to-many video feeds. The many-to-many setup supports the full spectrum of live video interactions, from a single stream being viewed by millions of users to a few users privately chatting, to stadium size scenarios where any user can interact with any other user, instantaneously, live and in full motion.

PROPS ICO Review.

1. Concept.

Industry: Media/Live video

Similar projects: Freedomstreaming, Gifto, Stream, Facebook Live, Skype, Google Hangouts, etc.

How is it different from other projects in the space?

1. PROPS is a network of digital media applications and platforms.

2. Through Rize, the YouNow team is introducing many-to-many video technology, which simulates the real world experience of groups of people interacting together. It enables people to actively participate in experiences with video feeds of their own, engage and exchange virtual goods directly with others and interact according to different use cases or logic.

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